11/06/2017
https://congress.gov...
"I want to pick up on the idea of balancing the budget in ten years because some of my colleagues on the other side of the aisle have committed to that."
"There is short immediate consequences and longer-term consequences. The immediate consequence, I think under any scenario would be we would go into recession."
"I think the CBO actually released a memo very recently documenting the severity of the cuts that would be necessary to achieve a balanced budget ten years from now under the restrictions that you arti..."
"And Moody's projected two and a half million job losses as well as a recession in 2024, if that sort of policy were to come about."